Ask Question
17 April, 17:58

Roberto's monthly pay is $4349.70. Each month he uses 2/5of his pay for his household expenses and 1/10 for his car payment. He deposits the rest into his savings account.

How much does Roberto deposit into his savings account each month?

+3
Answers (1)
  1. 17 April, 19:10
    0
    Roberto deposits $2,174.85 to his savings account each month.

    Given:

    Monthly pay = 4,349.70

    Household expenses = 2/5 of his pay

    Car payment = 1/10 of his pay

    Savings = net of expenses.

    Household expenses:

    4,349.70 * 2/5 = 8,699.40/5 = 1,739.88

    Car payment:

    4,349.70 * 1/10 = 4,349.70/10 = 434.97

    Monthly pay: 4,349.70

    less: Household exp. 1,739.88

    less: Car payment 434.97

    Net of expenses 2,174.85 * deposit to savings account
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Roberto's monthly pay is $4349.70. Each month he uses 2/5of his pay for his household expenses and 1/10 for his car payment. He deposits ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers